FreeAgent
UK accounting that is free outright if you bank with NatWest or Mettle
freeagent.com Free tier UK vendor Checked 30 August 2026
- Price
- From £19 per month
- Trains on your data
- Vendor does not publish it
- Where data is processed
- Not published
- Data processing agreement
- Not published
- Setup
- About a day
- Skill needed
- Anyone
What is FreeAgent?
Edinburgh-built accounting software designed around how UK sole traders and small limited companies actually file — Self Assessment, VAT and Corporation Tax in one place. Owned by NatWest, and free for as long as you hold a qualifying business account with them.
The headline is the bank deal. A sole trader with a Mettle account gets the full product for nothing, indefinitely, provided they make one transaction a month. That is not a trial and it is not a stripped tier, and a surprising number of people in exactly that position are paying a competitor instead.
The software itself is built around the UK tax year rather than adapted to it, which shows in small ways that matter: Self Assessment, VAT returns and Corporation Tax handled where you already do the invoicing, with a running estimate of what you will owe.
Prices exclude VAT, and the advertised monthly figures are half-price for the first six months. The number to budget with is the second one.
What does FreeAgent cost in the UK?
| Plan | Price | What you get |
|---|---|---|
| Free (with qualifying bank) | £0 | NatWest, RBS, Ulster Bank, or Mettle with one transaction a month. The full product, not a trial. |
| Sole trader | £9.50/month for 6 months, then £19 | Excluding VAT. £95 for the first year billed annually, then £190. |
| Partnership / LLP | £13.50/month for 6 months, then £27 | Excluding VAT. |
| Limited company | £16.50/month for 6 months, then £33 | Excluding VAT. Self Assessment, VAT and Corporation Tax. |
What the free tier actually gets you
Free for as long as you hold a business current account with NatWest, Royal Bank of Scotland or Ulster Bank, or a Mettle account with at least one transaction a month. Not a limited trial — the full product.
What to watch on the price
Sole trader is £9.50 a month for the first six months then £19; limited company £16.50 then £33; partnership £13.50 then £27. All excluding VAT. The £19 shown here is the standing sole trader rate, not the introductory one. Read from the vendor page on 29 August 2026.
Does FreeAgent train AI models on your data?
Vendor does not publish it
Read FreeAgent's privacy notices on 30 August 2026. They do not mention model training. FreeAgent also runs a trust centre at trustcentre.freeagent.com which we have not read. It holds your full financial records, so this is worth asking.
The rest of the data position
- Where data is processed: Not published
- Data processing agreement: Not published
What do people use FreeAgent for?
- File Self Assessment and VAT from the same place you invoice
- See your real tax position mid-year rather than in January
- Run a limited company without an accountant on retainer
What does FreeAgent connect to?
- NatWest
- Mettle
- Stripe
- GoCardless
- PayPal
- Dext
Where does FreeAgent fall short?
- Free only while you keep the qualifying bank account — switching banks starts the bill
- Fewer third-party integrations than Xero
- Not designed for businesses with stock or complex multi-entity structures
Who is FreeAgent for?
A good fit for
- UK sole traders
- Contractors
- Small limited companies
- NatWest and Mettle customers
Not for
- Businesses holding stock, or running several entities — it is not built for either
- Anyone about to switch away from NatWest, RBS, Ulster or Mettle, which ends the free access
The Torus verdict on FreeAgent
If you bank with NatWest, RBS, Ulster or Mettle, this is free accounting software built for UK filing, and not knowing that is costing UK sole traders real money. Check your bank before you pay anyone for this category.
What are the alternatives to FreeAgent?
Others in accounting, with what each one is for.